2025
Natural Resource Economics
Name: Natural Resource Economics
Code: ECN14770M
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Economy
Teaching languages: Portuguese
Languages of tutoring support: Portuguese
Sustainable Development Goals
Learning Goals
Objective of the course:
The objectives are to supply to students a perspective of economic theory of natural resources.
Expected learning outcomes and competences to be acquired:
The expected learning outcomes and competences are: Capacity of microeconomic formalization and modelling; Capacity to place the economic exploitation of natural resources in its spatial, local, regional, national and international dimensions; Understanding the operation of the economic activity of natural resources, its time and space framework, as well as its social, historical and legal aspects; Capacity of critical analysis of the contents and policies related to environment.
Capacity to model formally by using optimal control a natural resource management and conservation.
The objectives are to supply to students a perspective of economic theory of natural resources.
Expected learning outcomes and competences to be acquired:
The expected learning outcomes and competences are: Capacity of microeconomic formalization and modelling; Capacity to place the economic exploitation of natural resources in its spatial, local, regional, national and international dimensions; Understanding the operation of the economic activity of natural resources, its time and space framework, as well as its social, historical and legal aspects; Capacity of critical analysis of the contents and policies related to environment.
Capacity to model formally by using optimal control a natural resource management and conservation.
Contents
1. Economic Exploitation of Natural Resources
2. Management of Renewable Natural Resources
3. Economic Management of Fisheries
4. Economic Management of Forests
5. Economic Management of Water Resources
6. Economic Management of Exhaustible Resources
7. Economics and Environment
2. Management of Renewable Natural Resources
3. Economic Management of Fisheries
4. Economic Management of Forests
5. Economic Management of Water Resources
6. Economic Management of Exhaustible Resources
7. Economics and Environment
Teaching Methods
Teaching methods:
Classes consist of the exposition of theoretical concepts and are taught in order to ensure a strong articulation between the theoretical knowledge transmitted and the demonstration of its applicability in different case studies and in the discussion of themes that illustrate and consolidate the theoretical concepts.
Classes consist of the exposition of theoretical concepts and are taught in order to ensure a strong articulation between the theoretical knowledge transmitted and the demonstration of its applicability in different case studies and in the discussion of themes that illustrate and consolidate the theoretical concepts.
Assessment
TAssessment methods:
The continuous assessment regime consists of two written assignments. Each work has a 50% weight in the evaluation.
Written works should place emphasis on an empirical modeling of the use, extraction and sustainability of a natural resource.
The final exam regime consists of a written test with a weight of 100%.
The continuous assessment regime consists of two written assignments. Each work has a 50% weight in the evaluation.
Written works should place emphasis on an empirical modeling of the use, extraction and sustainability of a natural resource.
The final exam regime consists of a written test with a weight of 100%.
Certificações
